Canvas by Alexander Osterwalder and Yves Pigneur
The business of the vast majority of companies is based above all on a single source of income. business modelalso known as model economic or business model. The business model describes precisely how a company will make money. In other words, it's about define what you're going to selland to whom. There are many ways to present this business model: it can be a document, images or even a video. These techniques include the business model Canvas (BMC) designed by Alexander Osterwalder and Yves Pigneur . But what exactly is it?
Customer segments
Value proposition
Customer relations
Structure and costs
Income sources
Key resources
Key partners
Key activity
What is a Canvas business model?
A business model Canvasalso known as a business matrix, is a technique for representing how a company or organization builds its business model.
This representation technique is at the origin of two business theoristsAlexander Osterwalder and Yves Pigneur in their book "Business Model: New Generation".
The main feature of this type of business model is that it takes in the form of an illustrationThe business model is then presented on a single sheet of paper. The business model is then presented on a single sheet. This form of presentation has at least two advantages:
- it allows you to show off synthetic when it comes to building a business model
- and allows easily understand the basicsthe functioning and characteristics of a company.
This visual representation then makes it easy to identify which areas can be improved to further develop your business.
The nine blocks of the Canvas business model
The Canvas business model is divided into nine important elements which each occupy a box on a sheet or poster. These boxes are then arranged in such a way that the person looking at the Canvas business model will be able to access the main information concerning the company in question.
For example, the left-hand side of the model is dedicated to the company's operations, the right-hand side focuses on the company's audience and customers, while the middle section contains the company's true value proposition. The lower part of the table focuses on the company's expenses and revenues.
The nine boxes of this Canvas business model are :
- Key partners: these are the company's external partners.
- Key activity: a review of the company's business.
- Key resources: the tangible and intangible resources needed to keep the company running.
- The value proposition: this means meeting a need. It's the company's raison d'être.
- Customer relations: this segment establishes the company's relationship with its customers (customer loyalty, etc.).
- Distribution channels: these are communication channels and product distribution channels.
- Customer segments: establish the different types of customers your company has.
- Cost structure: the sum of your company's expenses.
- Sources of revenue: this is how you finance your business (income, investors, etc.).
Each of these nine boxes must then be filled in with information relating to the company in question.
The advantages of the Canvas business model
The main advantage of the Canvas business model is that it allows you to think about your business model and structure it. The aim is to set up ideas and record them on your Canvas business model. It then provides easy access to key information about your business and how it operates.
The Canvas business model makes it possible to quickly and visually the main parts of your business, such as costs, revenues or customer segments. This visual representation makes it easy to identify which parts can be improved to further develop his business.
The Canvas business model is a form of business model representation. Instead of relying on long texts, this type of business model provides a visual representation of how your company operates. This gives you a global view of how your company operates, and how it can be improved. come up with new solutions for develop or improve this or that part of its business.
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